Animal spirits are ‘back in the market:’ Empire

Key Points

1. Animal spirits are back in the market, indicating renewed investor enthusiasm.

2. Frothiness in the market is starting to subside, according to Rob Hadick.

3. Seasonal factors, such as August's historically poor market performance, could negatively affect crypto.

4. There is growing interest in pump.fun competitors like Bonk, partly due to potential airdrops and better revenue-sharing models for creators.

5. Pear Protocol's pivot toward Hyperliquid integration is seen as a major growth catalyst amid industry consolidation.